Ghana’s Six Point Nine Billion Cedi Oil Palm Investment Wins Industry Backing

was extensively consulted about the planned investment. Finance Minister Cassiel Ato Forson outlined the policy during the 2026 budget presentation to parliament, detailing plans to cultivate 100,000 hectares of new oil palm plantations and create over 250,000 direct and indirect jobs. The policy aims to achieve self sufficiency in palm oil production while promoting gender inclusion and youth participation across the value chain. The initiative will be implemented by the Tree Crops Development Authority in collaboration with the Oil Palm Research Institute and private sector partners. Government noted the policy is designed to position Ghana as the palm oil hub of West Africa, with support for smallholders through improved seedlings, access to finance and processing technology to ensure inclusive growth. Beyond the six point nine billion cedi allocation, a dedicated 500 million dollar Oil Palm Development Finance Window will be established in partnership with the World Bank, ...